EANS-News: Kapsch TrafficCom has sold its interest in Fluidtime Data Services (?Fluidtime?).
02.11.2020 – 09:30
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- Mergers - Acquisitions - Takeovers/Joint Ventures/Cooperation/Collaboration Vienna - As per November 1, 2020, Kapsch TrafficCom sold its 75.5 interest in Fluidtime (Austria) to this company's management. In the future, both companies will pursue separate strategies. However, joint customers will be served based on a sales partnership. This enables Kapsch TrafficCom and Fluidtime to continue offering innovative Mobility-as-a-Service (MaaS) solutions in combination with traffic management solutions. After the full acquisition of tolltickets (Germany) as per October 1, 2020, this current transaction is a further step taken by Kapsch TrafficCom to focus on strategic business areas. Further inquiry note: Press Contacts: Carolin Treichl Executive Vice President Marketing & Communications Kapsch TrafficCom AG Am Europlatz 2, 1120 VIENNA, AUSTRIA T +43 50 811 1710 carolin.treichl@kapsch.net Markus Karner Public Relations Kapsch TrafficCom AG Am Europlatz 2, 1120 VIENNA, AUSTRIA T +43 50 811 1705 markus.karner@kapsch.net Investor Contact: Hans Lang Investor Relations Officer Kapsch TrafficCom AG Am Europlatz 2, 1120 VIENNA, AUSTRIA T +43 50 811 1122 ir.kapschtraffic@kapsch.net end of announcement euro adhoc --------------------------------------------------------------------------------
issuer: Kapsch TrafficCom AG Am Europlatz 2 A-1120 Wien phone: +43 50811 1122 FAX: +43 50811 99 1122 mail: ir.kapschtraffic@kapsch.net WWW: www.kapschtraffic.com ISIN: AT000KAPSCH9 indexes: stockmarkets: Wien language: English